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Economic Transformation Corridor Technologies (ETCT) Lands Major Deals with Africa and South America’s Emerging Market countries

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PALM BEACH, Fla., July 31, 2024 /PRNewswire/ — Economic Transformation Corridor Technologies (“ETCT”), was founded to become one of the world’s first companies to focus on digital transformation for sovereign customers. 

ETCT utilizes its vast technology platform partnerships in verticals such as healthcare, education, energy, manufacturing, supply chain management, financial, real estate, and many other core areas with a keen focus on creating jobs, reducing unemployment, increasing a nation’s GDP, and developing “Knowledge Economies of Happiness”.

The innovative modeling of an integrated collaborative digitization corridor solution that will create a new form of community called a “Technopolis” (Smart Cities & Communities) will now be introduced to partner sovereign customers by ETCT. Since the advent of global Artificial Intelligence (AI) emergence, ETCT has focused on creating this Technopolis digitalization model to help countries measure their Happiness Quotients, and in the process use the companies’ solutions to improve the lifestyle of its sovereign partners citizens.

Side Equity, a Singaporean based Investment Advisory firm engaged to structure the development of the Corridors across select African Countries of interest by its fund of fund partnered within the Asean belt and the America’s and their counterpart African Governments identified ETCT and its Technopolis Pack as a solution for the execution of the digitalization of the Corridors. Side Equity fund partner, Mr. Derrick Yeo expressed the advisory firm’s excitement about the corridor project’s initiation by saying the following: “Africa as an emerging market provides a new frontier for innovative digitization of its economies. With ETCT’s Technopolis Pack, we see a more fluid digitalization implementation process across all phases of the corridor projects being spearheaded by Side Equity and its partners with the first 13 governments.”

ETCT was selected to deploy its Technopolis solution with its partner company WorldVuer iByonds integrated hardware devices, data management operating system, and AI platforms across the corridors of 13 African countries. The Corridors include several infrastructure development projects. Each Corridor is sovereign backed and written into the countries’ financial blueprints for 25 years with an annual yield of USD$2 Billion in revenues. The Corridors are estimated to yield a total revenue of USD$650+ Billion over the next 25 years.

ETCT will collaborate with various stakeholders to unify the digitization of African countries within the project areas of interest. Phase one of the Corridors deployment will begin in the southern belt of Africa. Starting in Lesotho, ETCT and stakeholders will map and deploy the digital network across Southern Africa, bridging to the Indian Ocean in Tanzania, and further extending through select landlocked countries to connect to the Atlantic Ocean.

ETCT will lead the digital transformation of the various governmental institutions that administer over the ports, rail, pipelines, smart grid, fiber optics, anchor towns, and mines across the Corridors, bringing all the countries of interest together, digitally.

The same will be achieved in South American countries of Brazil, Paraguay, and Uruguay as well.

“The need for Interoperability in the various value corridors across emerging markets necessitated the establishment of Economic Transformation Corridor Technologies, an innovative company focused on providing the framework for building an Interoperable Ecosystem that can be deployed to provide efficient digitalization solutions worldwide called a Technopolis Pack. We are beyond enthusiastic to become the go-to company for corridor digitalization worldwide,” stated by HRH Dr. Nana Sanzule Manwere Andam I, Co-Chairman & CDO of ETCT Inc.

“We are honored to be selected for this opportunity. Integrating our Technopolis Pack with WorldVuer iByond’s devices, software, and WiOS platform will create a robust digital ecosystem for the first 13 countries. This project’s initiation showcases our commitment to innovation and expertise in deploying advanced AI solutions globally,” said Christopher Condon, Co-Chairman & CEO of ETCT.

Contact:
jczelusniak@ettworld.com

About Economic Transformation Corridor Technologies (ETCT):

Economic Transformation Corridor Technologies (ETCT) is at the forefront of driving economic growth and innovation through strategic partnerships with sovereign and government entities. ETCT’s mission is to deliver transformative technological solutions that enhance infrastructure, streamline operations, and foster sustainable development. Join ETCT in the journey to transform economies and empower governments. Together, we can create a more connected, efficient, and prosperous world. For more information visit: www.etcorridortech.com.

About Side Equity:

Side Equity is a Singapore-based investment advisory fund specialized in global emerging markets. With a focus on fostering technological advancements and economic growth, Side Equity partners with leading investment advisory firms and sovereign funds to support transformative projects worldwide. For more information, please visit www.sideequity.com

This press release serves as a formal announcement of ETCT Inc.’s recent achievement and its pivotal role in the 13 Corridors project across the Southern African belt, highlighting the company’s technological prowess and its commitment to fostering global connectivity and economic development.

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SOURCE ETCT

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Prime Minister to travel to New York City to attend the United Nations General Assembly and the Summit of the Future

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OTTAWA, ON, Sept. 16, 2024 /CNW/ – The Prime Minister, Justin Trudeau, today announced that he will travel to New York City, United States of America, from September 22 to 25, 2024, to participate in the 79th Session of the United Nations General Assembly and the Summit of the Future. The Prime Minister will work closely with Canada’s international partners to strengthen democracy, take climate action, defend global security, and improve access to health care, including reproductive health.

As Co-Chair of the United Nations Sustainable Development Goals Advocates group, the Prime Minister will reaffirm Canada’s commitment to advancing ambitious international action toward the 2030 Agenda for Sustainable Development. This includes moving forward on shared work on education, climate change and biodiversity loss, and gender equality around the world.

At the Summit of the Future, the Prime Minister will join other leaders to take action on key global challenges and enhance ways to work together to secure a better future for everyone. The leaders will work to accelerate efforts on pressing global challenges, including sustainable development, international peace and security, technological innovation and digital co-operation, decarbonization and clean energy, and human rights.

Prime Minister Trudeau will co-host a discussion with the Prime Minister of Haiti, Garry Conille, to help mobilize the resources needed to address the crises the country is facing and support solutions that are Haitian-led and focused on the needs of the Haitian people. He will also co-host a high-level event with the President of the European Commission, Ursula von der Leyen, to promote action on climate change, carbon pricing, and industrial decarbonization.

Throughout his visit, the Prime Minister will collaborate with other leaders on pressing geopolitical challenges, including Russia’s ongoing war of aggression against Ukraine as well as the evolving situation in the Middle East. He will emphasize the importance of international efforts to safeguard peace and security around the world, including by defending democracy and strengthening the rules-based international order.

Achieving a more peaceful, stable, and prosperous world starts with unified global action. Canada’s unwavering commitment to the United Nations is a pledge to Canadians that we will do our part to build a better future for everyone.

Quote
“At this year’s United Nations General Assembly and at the Summit of the Future, Canada will have a leading role in making the world fairer and more prosperous. I look forward to working with other leaders to accelerate progress on our shared priorities and build a better future for everyone.”
— The Rt. Hon. Justin Trudeau, Prime Minister of Canada

Quick Facts

Canada has been active at the United Nations (UN) since its creation in 1945 and has played a key role in drafting the UN Charter, the treaty that is the cornerstone of the rules-based international order.Canada is the sixth-largest donor to the UN, including voluntary and assessed contributions totalling over US$2 billion in 2022.In 2015, Canada joined all UN Member States in adopting ambitious goals for sustainable development, as outlined in Transforming our World: The 2030 Agenda for Sustainable Development. The 2030 Agenda centres on a set of 17 Sustainable Development Goals (SDGs), encompassing the social, economic, and environmental dimensions of sustainable development. Taken together, the SDGs aim to improve the lives of all people, while protecting the planet.Released in 2021, Moving Forward Together: Canada’s 2030 Agenda National Strategy builds upon 30 actions and five core principles to create and foster an enabling environment for ongoing dialogue and participation to encourage Canadians to take action to realize the SDGs.In 2022, Prime Minister Trudeau was named Co-Chair, with the Prime Minister of Barbados, Mia Mottley, of the UN SDG Advocates group by UN Secretary-General António Guterres. SDG Advocates work to raise global awareness of the SDGs and of the need for accelerated action by using their respective platforms.In 2021, Canada launched the Global Carbon Pricing Challenge. This partnership aims to expand the use of pollution pricing by strengthening existing systems and supporting emerging ones. The Challenge also serves as a forum for dialogue and co-ordination to make pricing systems more effective and compatible while supporting other countries in adopting carbon pricing and cutting emissions on the path to net-zero by 2050.

Associated Links

Canada and the United NationsSummit of the FutureTransforming our World: The 2030 Agenda for Sustainable DevelopmentThe 2030 Agenda for Sustainable Development

This document is also available at https://pm.gc.ca

SOURCE Prime Minister’s Office

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NORTH STAR PROMISE DRIVES RECORD ENROLLMENT AT MINNESOTA’S PUBLIC COLLEGES AND UNIVERSITIES

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State Colleges and Universities See 7% Enrollment Surge; University of Minnesota Freshman Class Up 8%

SAINT PAUL, Minn., Sept. 16, 2024 /PRNewswire/ — North Star Prosperity released the following statement after public higher education institutions across the state reported a surge in enrollment thanks to the North Star Promise, a groundbreaking program designed to increase college access and affordability by providing tuition-free opportunities at public and tribal colleges for Minnesota residents making less than $80,000. It is the first time in over a decade that enrollment at Minnesota’s public colleges has increased.

North Star Prosperity led the campaign for North Star Promise, which Governor Tim Walz signed into law in May 2023.

“The North Star Promise program is a game-changer,” stated Mike Dean, Executive Director of North Star Prosperity. “We know that higher education is the most reliable path toward the middle class and yet for more than two decades, the cost of college has been out of reach for too many students. When we make education affordable and accessible, it’s an investment in the future of Minnesota’s workforce. Giving Minnesotans the tools to succeed in today’s economy is not only the right thing to do; it’s good business.”

For more information about the North Star Promise and how it benefits Minnesota residents, please visit www.northstarprosperity.org/freecollege or contact Mike Dean.

North Star Prosperity is fighting for an economy that works for all Minnesotans. Driven by our belief that everyone deserves a fair shot, we challenge the systemic roots of poverty and inequality by advocating for progressive economic policies that dismantle structural barriers and expand opportunity for all.

View original content to download multimedia:https://www.prnewswire.com/news-releases/north-star-promise-drives-record-enrollment-at-minnesotas-public-colleges-and-universities-302249333.html

SOURCE North Star Prosperity

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Mynaric Advances Production of CONDOR Mk3

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Shipments will support the Space Development Agency’s Tranche 1 program

MUNICH, Sept. 16, 2024 /PRNewswire/ —  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced the successful advancement of the company’s volume production ramp for the CONDOR Mk3. Mynaric continues to work through previously announced production delays and has realized near-term improvement in production yields and supply chain-related bottlenecks. Production delays of CONDOR Mk3 were caused by lower than expected production yields and supplier shortages of key components.

“We remain committed to our mission to deliver laser communications products at scale to the market and meet our near-term customer requirements,” said Joachim Horwath, Chief Technology Officer and founder of Mynaric. “Despite the setbacks we faced over the past few months, our team has worked tirelessly to address these challenges. We have implemented solutions to ensure the smooth continuation of our production process.”

“We are happy to report that the technical challenges on the production ramp are being addressed and I am working with Joachim to ensure that Mynaric is well positioned for future success,” said Andreas Reif, Chief Restructuring Officer of Mynaric. “Moving forward, Mynaric will continue to meet the current requirements of our customers.”

Current shipments of the CONDOR Mk3 free space optical communications system will be part of the United States Space Development Agency (SDA) Tranche 1 program. Mynaric was selected by Northrop Grumman as the sole supplier of optical communications terminals for the SDA’s Tranche 1 Transport and Tracking Layer programs and by York Space Systems for the SDA’s Tranche 1 Transport Layer. Mynaric was also selected by Loft Federal to supply the CONDOR Mk3 terminals to NExT – the SDA’s Experimental Testbed.

In addition, Mynaric continues to pursue opportunities that explore the use of free-space optical communications for additional space programs. Mynaric has been recognized as a key development partner in Phase 2 of DARPA’s Space-BACN program, was selected by the European Space Agency (ESA) to investigate optical technologies for next generation high-throughput optical inter-satellite links and was selected by the German government for multiple projects to develop quantum communication capabilities.

In addition, Mynaric continues to diligently pursue additional capital sources to secure our on-going operations and production ramp. We continue to evaluate a number of different strategic options to address our near-term capital needs.

About Mynaric

Mynaric (NASDAQ: MYNA) (FRA: M0YN) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C.

For more information, visit mynaric.com

MEDIA CONTACT
Krista Hazen                                                                                   
krista.hazen@mynaricusa.com   

View original content to download multimedia:https://www.prnewswire.com/news-releases/mynaric-advances-production-of-condor-mk3-302249337.html

SOURCE Mynaric USA, Inc.

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